| Product Code: ETC11399325 | Publication Date: Apr 2025 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
In 2024, Nigeria continued to see a significant influx of appliance adhesive imports, primarily sourced from top exporting countries including China, Thailand, USA, Turkey, and Portugal. The market showed high concentration levels with the Herfindahl-Hirschman Index (HHI) remaining elevated. Despite a strong compound annual growth rate (CAGR) of 10.37% from 2020 to 2024, there was a notable decline in growth rate from 2023 to 2024 at -17.28%. This fluctuation highlights the dynamic nature of the market and the need for stakeholders to closely monitor trends and adapt strategies accordingly.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Nigeria Appliance Adhesive Market Overview |
3.1 Nigeria Country Macro Economic Indicators |
3.2 Nigeria Appliance Adhesive Market Revenues & Volume, 2021 & 2031F |
3.3 Nigeria Appliance Adhesive Market - Industry Life Cycle |
3.4 Nigeria Appliance Adhesive Market - Porter's Five Forces |
3.5 Nigeria Appliance Adhesive Market Revenues & Volume Share, By Adhesive Type, 2021 & 2031F |
3.6 Nigeria Appliance Adhesive Market Revenues & Volume Share, By End-Use, 2021 & 2031F |
4 Nigeria Appliance Adhesive Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growth in the household appliance industry in Nigeria |
4.2.2 Increasing demand for energy-efficient appliances |
4.2.3 Technological advancements in adhesive products |
4.2.4 Rising disposable income of consumers |
4.2.5 Government initiatives promoting local manufacturing industries |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices |
4.3.2 Intense competition from substitute products |
4.3.3 Regulatory challenges in the adhesive industry |
4.3.4 Economic instability and currency fluctuations |
4.3.5 Limited awareness about the benefits of appliance adhesives |
5 Nigeria Appliance Adhesive Market Trends |
6 Nigeria Appliance Adhesive Market, By Types |
6.1 Nigeria Appliance Adhesive Market, By Adhesive Type |
6.1.1 Overview and Analysis |
6.1.2 Nigeria Appliance Adhesive Market Revenues & Volume, By Adhesive Type, 2021 - 2031F |
6.1.3 Nigeria Appliance Adhesive Market Revenues & Volume, By Epoxy, 2021 - 2031F |
6.1.4 Nigeria Appliance Adhesive Market Revenues & Volume, By Silicone, 2021 - 2031F |
6.1.5 Nigeria Appliance Adhesive Market Revenues & Volume, By Polyurethane, 2021 - 2031F |
6.1.6 Nigeria Appliance Adhesive Market Revenues & Volume, By Acrylic, 2021 - 2031F |
6.2 Nigeria Appliance Adhesive Market, By End-Use |
6.2.1 Overview and Analysis |
6.2.2 Nigeria Appliance Adhesive Market Revenues & Volume, By Consumer Electronics, 2021 - 2031F |
6.2.3 Nigeria Appliance Adhesive Market Revenues & Volume, By Industrial Equipment, 2021 - 2031F |
7 Nigeria Appliance Adhesive Market Import-Export Trade Statistics |
7.1 Nigeria Appliance Adhesive Market Export to Major Countries |
7.2 Nigeria Appliance Adhesive Market Imports from Major Countries |
8 Nigeria Appliance Adhesive Market Key Performance Indicators |
8.1 Adoption rate of energy-efficient appliances in Nigeria |
8.2 Number of new adhesive product innovations introduced to the market |
8.3 Percentage of household appliances using adhesive bonding technology |
8.4 Consumer perception and satisfaction with appliance adhesive products |
8.5 Number of partnerships and collaborations between appliance manufacturers and adhesive suppliers |
9 Nigeria Appliance Adhesive Market - Opportunity Assessment |
9.1 Nigeria Appliance Adhesive Market Opportunity Assessment, By Adhesive Type, 2021 & 2031F |
9.2 Nigeria Appliance Adhesive Market Opportunity Assessment, By End-Use, 2021 & 2031F |
10 Nigeria Appliance Adhesive Market - Competitive Landscape |
10.1 Nigeria Appliance Adhesive Market Revenue Share, By Companies, 2024 |
10.2 Nigeria Appliance Adhesive Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |